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China · private
DeepSeek
DeepSeek is the canonical sparse open-weight economics case: architectural efficiency and open distribution can reset price expectations even when revenue is opaque.
DeepSeek
Financial metrics
| Metric | Period | Value | Source | Confidence |
|---|---|---|---|---|
| revenue | latest | not disclosed | not_disclosed | high |
Revenue mix
china_consumer_api70%
open_weight_indirect30%
Risks
- - monetization opacity
- - open-weight substitutability
- - geopolitical constraints